by Lara | Jul 9, 2020 | Uncategorized |
S&P 500: Elliott Wave and Technical Analysis | Charts – July 9, 2020 Again, downwards movement was expected and overall this is what has happened for this session. Summary: This analysis still leans bearish in expecting a sustainable high may be in place on June...
by Lara | Jun 15, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – June 15, 2020 Last analysis expected that a bounce would begin the new trading week. The session began with a gap lower, but thereafter price moved higher to close strongly green. This fits short-term...
by Lara | May 20, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – May 20, 2020 Upwards movement is now above the prior consolidation zone. Price continues to move higher towards targets. Summary: Targets remain at 3,058 or 3,238. Use the lower edge of the redrawn Elliott...
by Lara | Apr 27, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – April 27, 2020 This analysis has expected since the close of the 24th of March session upwards movement to continue, which it has. Summary: The bounce may now end about 3,069 to 3,261. Thereafter, the...
by Lara | Apr 2, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – April 2, 2020 A consolidation continues as expected this week. Analysis of bounces within bear markets gives some indication of what to look for to identify a high. Summary: A correction may continue this...
by Lara | Mar 9, 2020 | Uncategorized |
Strong downwards movement has brought price below the point where this pullback was expected to end but very slightly above the invalidation point for the main Elliott wave count. Summary: There is no evidence to suggest the larger bull market is over. Downwards...
by Lara | Feb 12, 2020 | Uncategorized |
A new high above 3,375.63 indicated more upwards movement was expected. The next target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. Two more large pullbacks or consolidations (fourth waves) during the next...
by Lara | Jan 18, 2020 | Uncategorized
by Lara | Jan 17, 2020 | Uncategorized |
With price now above the upper edge of a multi-year channel, it is time to review monthly charts. Summary: The next target is at 3,332 and thereafter 3,379. It is again possible that minor wave 3 could be over. Some confidence in this view may be had with a new low...
